SYDNEY—Australian alternative investment manager Navigator Global Investments is targeting further earnings growth by diversifying its portfolio beyond its U.S.-dominated base, its chief executive said.
Navigator holds minority stakes in 12 mostly U.S.-based investment managers that had a total $84 billion in assets under management at the end of June...
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Stephen Darke, Navigator Global CEO discusses the company's results for FY25. Navigator Global has posted a 26% rise in full year earnings to a record $175 million - which was 5% above its own upgraded guidance.
CEO Stephen Darke joins the Australian Investors Podcast to explain how NGI invests in hedge funds and private market managers globally, the business model behind NGI, how performance fees work, and why listed markets may be missing the value in this alternative asset platform.
Navigator Global Investments (ASX:NGI) has reported a robust June quarter, with assets under management (AUM) reaching $131 billion, marking a 15% increase from the prior financial year.